Exercise #1			10 points
			Using the code letters below, indicate how each of the items listed would be handled in preparing a bank reconciliation. Enter the appropriate code letter in the space to the left of each item.
	Code
	A	Add to cash balance per books
	B	Deduct from cash balance per books
	C	Add to cash balance per bank
	D	Deduct from cash balance per bank
	E	Does not affect the bank reconciliation
Items:
		1	Outstanding checks.
		2	Bank service charge.
		3	Check for $420 correctly written and paid by the bank but incorrectly entered in the cash payments journal for $240.
		4	Deposit in transit.
		5	Bank returns deposited check marked NSF.
		6	Bank collects notes receivable and interest for depositor.
		7	Bank debit memorandum for check printing fees.
		8	Petty cash custodian has $91 in paid petty cash vouchers that have not been reimbursed.
		9	Bank charged a check against the company which should have been charged to another company.
		10	A check for $246 was correctly paid by the bank but was incorrectly entered in the cash payments journal for $264.